Melnyk, who founded Biovail almost 20 years ago and held numerous positions in the company before stepping down last year, said late on Friday that he bought about 4.7 million shares, or 2.9 percent, of the outstanding shares, at C$10.86 each for a total value of C$50.7 million. reuters
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The definitive Wikipedia entry for Eugene Melnyk. Wikipedia is the biggest multilingual free-content encyclopedia on the Internet. en.wikipedia.org/wiki/Eugene_Melnyk